the use of bank cheques as means of payment, he will state if consideration will be given for the phasing ou…
(No. B/592) Mr L. Caserne (Third Member for Port Louis North & Montagne Longue) asked the Prime Minister, Minister of Defence, Home Affairs and External Communications, Minister of Finance, Minister for Rodrigues and Outer Islands whether, in 136 regard to the use of bank cheques as means of payment, he will state if consideration will be given for the phasing out thereof and, if so, when and, if not, why not.
Reply: I am informed that as part of the modernisation and digitalisation of the domestic banking and payment services sector, the Bank of Mauritius is adopting a strategy for promoting digital payments in Mauritius. Digital banking is becoming more prominent everywhere. Despite the rise of digital banking, cheques are still a crucial part of the banking industry and is an option still widely in use. However, the switch to digital payments will go concurrently and is expected to yield more transparency, allowing for conducive lending to different sectors in the economy. PORT MATHURIN POST OFFICE – CUSTOMS UNIT – DRUG DETECTION